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  Latest news ( Properties ) Latest news
Elana Holding invests 30M euro in wind park  
Elana Holding invests 30M euro in wind park
Investment firm Elana Holding has invested 30 million euro in the construction of a new wind park near the Popsko and Pashkul villages in Ivailovgrad municipality, Ivan Gerginov, the manager of wind electric power central in Popsko WEC Popsko has said. The facility, initially at least, will entail the construction of nine wind generators.
Date: 2009-05-18 21:00:00 | Source: Propertywisebulgaria.com
Superfluous supply and weak demand equal 19 100 sq m of new office space on offer  
Superfluous supply and weak demand equal 19 100 sq m of new office space on offer
In Sofia for the first quarter of 2009, 19 100 sq m of new office space have been completed and made available on the market, the consultant company Forton revealed on May 12. According to the most recent report, the highest supply currently available is around the Sofia circular Road along major boulevard arteries and near Sofia Business Park.
Date: 2009-05-13 21:00:00 | Source: Propertywisebulgaria.com
Belfastbased construction firms look for employment in Bulgaria  
Belfastbased construction firms look for employment in Bulgaria
Hit hard by the economic downturn, a group of construction companies in Northern Ireland are considering establishing a foothold in Eastern Europe and the Bulgarian market in particular, the Bulgarian news agency, BTA, has reported.
Date: 2009-05-10 21:00:00 | Source: Propertywisebulgaria.com
Bourgas mayor property owners will be obliged to renovate their homes  
Bourgas mayor property owners will be obliged to renovate their homes
Bourgas home owners will be coerced, where necessary, into carrying out a major overhaul and restoration of the exterior of their properties. They will be given quot;a decent time frame in which to conduct the necessary work. In case they fail to do so, the municipality will renovate the buildings with its own resources, after which it will collect the funds through legal action, if necessary, quot; Dnevnik daily has reported.
Date: 2009-04-26 21:00:00 | Source: Propertywisebulgaria.com
Lake development selection programme has been approved  
Lake development selection programme has been approved
The official selection process for choosing the companies that will develop two large Bulgarian lakes Luda Yana and Plovdivtsi has been approved by the Ministry of Regional Development and Public Works and will take place in a fortnight, Stroitelstvo Gradut has reported.
Date: 2009-04-26 21:00:00 | Source: Propertywisebulgaria.com
Interior Ministry invests in Plovdiv and Stara Zagora  
Interior Ministry invests in Plovdiv and Stara Zagora
A new player looks set to make new investments in Bulgarias real estate market. Interior Ministry chief, Mihail Mihov, turned the first sod on April 22 to start construction on the second regional police office headquarters in Stara Zagora.
Date: 2009-04-26 21:00:00 | Source: Propertywisebulgaria.com
Lindner Immobile Management Investors lose 200m annually in Bulgaria  
Lindner Immobile Management Investors lose 200m annually in Bulgaria
Investors in Bulgaria lose around 200 million euro annually. The reason They also have to fork out the cost of development and installation of all auxiliary infrastructure that goes with the construction of those facilities, Rossen Plevneliev, head of Lindner Immobile Management has said, during a real estate conference at BalPEx.
Date: 2009-04-23 21:00:00 | Source: Propertywisebulgaria.com
Bourgas Plaza opens for business  
Bourgas Plaza opens for business
The first retail centre in Bourgas was officially inaugurated on April 24. The facility is the largest in Bourgas, and its 60million euro investment ranks among the highest in the city and municipal as a whole.
Date: 2009-04-23 21:00:00 | Source: Propertywisebulgaria.com
Property expo in Sofia to host discussion on opportunities from economic crisis  
Property expo in Sofia to host discussion on opportunities from economic crisis
The fifth Balkan Property Exhibition BalPEx will be held from April 24 to 26 at the Inter Expo Centre on Tsarigradsko Chaussee in Sofia.The main focus of the event is on offers from Bulgaria and the region. Traditionally, the event also offers exchanges of information and experience, by offering and facilitating services with regional partners.
Date: 2009-04-21 21:00:00 | Source: Propertywisebulgaria.com
Construction output grows thanks to increase in infrastructure demand  
Construction output grows thanks to increase in infrastructure demand
In light of the economic downturn and the deacceleration of the dynamics in the real estate market, construction entrepreneurs and companies are redirecting their attention towards infrastructure projects, analysis from the National Statistics Institute NSI for February 2009 has revealed, as reported by Stroitelstvo Gradut.
Date: 2009-04-21 21:00:00 | Source: Propertywisebulgaria.com
New closed apartment complex in Boyana  
New closed apartment complex in Boyana
A gated real estate complex on Baevitsa St in Sofias Boyana borough has been granted permission to commence construction. The design has been described as original and adventurous, and the land parcel is 7118 sq m in area. The complex consists of three buildings of irregular shape. Combined together, they are said to be quot;shaped like a rainbow quot;.
Date: 2009-04-15 21:00:00 | Source: Propertywisebulgaria.com
Forecasts about Bulgarian real estate vary significantly but further downturn expected  
Forecasts about Bulgarian real estate vary significantly but further downturn expected
The Bulgarian real estate sector has seen a continuous growth spanning seven years but now for the first time since the European Union accession of Bulgaria and Romania both countries are dealing with a significant stagnation in the market.
Date: 2009-04-12 21:00:00 | Source: Propertywisebulgaria.com
Construction free zone along the coast line  
Construction free zone along the coast line
Architects have called for a 100m constructionfree zone along the Black Sea coastline. On the back of growing public discontent they have insisted for the application of article 16 of the Spatial Planning Act which guarantees a free access to the sea for everyone.
Date: 2009-04-12 21:00:00 | Source: Propertywisebulgaria.com
Fivestar spa hotel in Velingrad  
Fivestar spa hotel in Velingrad
Yet another ambitious project for a large luxurious spa hotel has been approved, and currently pending official permission to commence construction. The new establishment is set to meet the criteria of a fivestar hotel, and will be located at the foot of the Rhodope Mountain, in the borough of Chepino, the town of Velingrad.
Date: 2009-04-12 21:00:00 | Source: Propertywisebulgaria.com
Parcels dropped by 30 per cent in some areas of Sofia in 2008  
Parcels dropped by 30 per cent in some areas of Sofia in 2008
The economic crisis has affected long term investment and construction plans in Sofia and the surrounding area, affecting the market, causing a slump in value of up to 30 per cent in some regions, according to Investor.bg
Date: 2009-04-09 21:00:00 | Source: Propertywisebulgaria.com
Recycle plant in Plovdiv will open for business on June 30  
Recycle plant in Plovdiv will open for business on June 30
Ekologichen Zavod, the environmental factory in Shishmantsi village, in Plovdiv municipality, is now said to be 80 per cent complete. Construction is expected to be finalised in full by May 30, and all testing procedures have to be fulfilled within 30 days, in order to be given the goahead for regular exploitation.
Date: 2009-03-30 21:00:00 | Source: Propertywisebulgaria.com
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